Coinbase Drives USDC Adoption in Bermuda with $40K Daily Spend

Coinbase Drives USDC Adoption in Bermuda with $40K Daily Spend
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Coinbase made waves at the Bermuda Digital Finance Forum by enabling USDC payments for local merchants, recording $40K in transactions in a single day. The initiative included an airdrop to 250 residents, showcasing real-world crypto utility. Bermuda’s government backed the event, highlighting its commitment to digital finance innovation.

  • 250 Bermuda residents received $100 USDC airdrops, driving real-world crypto spending at local merchants.
  • Bermuda’s government endorsed the initiative, offering 150+ free tickets to a 'Community Day' event.
  • Coinbase’s stock (COIN) rose on the Relative Strength Index amid expansion moves, including a Deribit acquisition.
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